SUBSCRIBE NEWS LETTER

asset management

Alectris and Shri Shakti Alternative Energy join expertise to manage solar PV assets

Shri Shakti Alternative Energy and a Greece solar asset care company, Alectris, announces a joint marketing venture leveraging integrated solar operations, maintenance and asset management services to solar PV installations in the country. Alectris has recently introduced its solar ERP software platform – ACTIS at Indian Power Stations O&M conference, the solution is claimed to […]

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ALTÉRRA Makes $100mn Debut Investment In India’s Evren

ALTÉRRA, one of the world’s largest private climate investment vehicles, has announced its first co-investment, committing $100 million to Indian renewable energy company Evren. The investment, made through the ALTÉRRA Acceleration Fund, marks the fund’s first direct investment in the Global South. It aims to accelerate clean energy deployment in partnership with Brookfield Asset Management […]

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Hyderabad Based PURE Enters BESS Segment With Launch Of PuREPower Grid

PURE, a pioneer in energy storage products and leader in e-mobility 2W, has announced the launch of battery-based 5 MWh grid storage product, PuREPower Grid, in Delhi. PURE said that this innovative BESS product is poised to transform India’s energy infrastructure, empowering grid stability and accelerating the integration of renewable energy sources. PURE is set […]

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We Aim To Make Solar Biz Simple & Effective: Nishant Sood

Tell us about your journey. How do you transition from a finance background to the solar industry? Nishant Sood: I’m a mechanical engineer by background—I graduated from IIT in the early 2000s, followed by an MBA in finance. It was a fairly typical path: IIT, then IIM, and straight into investment banking. I graduated from […]

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Green Hydrogen Based Microgrid Closes Funding In California

Energy Vault Holdings Inc. has announced the successful close of $28 million in project financing for its Calistoga Resiliency Center (CRC). The financing includes the completed sale of an Investment Tax Credit (ITC) associated with the CRC. The Calistoga Resiliency Center has been touted as the World’s First Ultra-Long Duration Hybrid Green Hydrogen Energy Storage […]

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Siemens Gamesa Wind Business In India, Sri Lanka Acquired By TPG, Others

TPG, a leading global alternative asset management firm, and Siemens Gamesa, a wind power subsidiary of Siemens Energy and leading wind turbine manufacturer, have  announced they have entered into an agreement, under which TPG will acquire a majority stake in Siemens Gamesa’s onshore wind turbine generator manufacturing business in India and Sri Lanka. The transaction […]

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Actis Acquires Stride’s 371MW Portfolio, Bolsters Indian Footprint

Actis, a global investor in sustainable infrastructure, has acquired a 100% stake in Stride Climate Investments (Stride), a solar generation asset portfolio in India, from a fund managed by Macquarie Asset Management. The deal sees Actis take charge of Stride’s 371MW (414MWp) portfolio of operating solar PV assets spread across 21 projects in 7 states, […]

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Startup Focused On Stabilising Solar Heavy Grids Raises $15 Million

Brisbane, Queensland based Australian technology group EcoJoule Energy,  has raised $15 million to power its expansion into the UK, Europe and South East Asia. The battery storage company promises to address the challenges posed by thr addition of solar power through households to the grid with its power management products and software. Founded in 2014 […]

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Enfinity Eyes Expansion in Gujarat, Andhra, TN & Beyond

In this interview with Saur Energy, Sandip Agarwal, Chief Executive Officer (CEO) India, of Enfinity Global—a US-based company—shared the company’s plans to steadily expand its presence in India. In the interview Enfinity Global revealed that it is actively exploring new opportunities in Gujarat, Andhra Pradesh, Tamil Nadu, Chhattisgarh, Odisha, and Haryana. The company also shared […]

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